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27 chapters · 850 sections in this title.
R.I. Gen. Laws § 7-9-1. Power to enter guaranty and suretyship contracts
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Any company incorporated and organized under the laws of any state of the United States, that has a paid up capital of at least two hundred fifty thousand dollars ($250,000), and that has charter authority to transact business as surety on obligations of persons or corporations, …
R.I. Gen. Laws § 7-9-2. Power to execute bonds and obligations
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Any company authorized to do business in this state may make, sign, seal, execute, acknowledge, and deliver any bond, guaranty, undertaking, or any other obligation in this state, or may enter into any recognizance or other obligation of record in this state, by its attorney in f…
R.I. Gen. Laws § 7-9-3. Acceptance of corporate bond as sole surety
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No additional surety is required upon any judicial or official bond or upon any recognizance or other obligation of record, by the judge, head of department, or other officer approving the bond or taking the recognizance, if he or she deems the surety sufficient, but additional s…
R.I. Gen. Laws § 7-9-4. Purpose of provisions
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It is declared to be the true intent and meaning of §§ 7-9-1 — 7-9-7 to enable any company, incorporated and authorized to do business under the laws of this state, to the extent of its corporate powers, to become guarantor in this state, or to become surety upon any bond, undert…
